Zurich, Switzerland, July 23, 2014 – ABB today reported strong order growth, stable revenues and a significant increase in cash from operations for the second quarter of 2014. The lower operational EBITDA margin mainly reflects ...
Tags: ABB, Growth, Electrical, Electronics
Worldwide airline share prices fell 2% in July compared to June, but in line with performance of the broader market. Initial Q2 financial results show strong gains for US airlines' performance, but declines in Asia Pacific due to cargo ...
Tags: Service, Airline economy, Air transport
Shares of Skyworks Solutions (Nasdaq: SWKS) were up nearly 11 percent Friday morning, a day after the Woburn-based semiconductor company beat analysts’ expectations on revenue and earnings in the third quarter of this year, buoyed by ...
Tags: Skyworks, Electrical, Electronics
North Castle Partners and its co-investors have agreed to sell Ignite USA, LLC, which makes thermal mugs and hydration bottles under the Contigo and Avex brands, to Newell Rubbermaid for a purchase price of $308 million. ADVERTISEMENT ...
Tags: North Castle, Ignite USA, Sporting Goods
X2 Biosystems will supply its Integrated Concussion Evaluation (ICE) software system for use by select teams in the Elite Clubs National League (ECNL) during the 2014-2017 soccer seasons. Major League Soccer and the National Football League ...
The majority shareholder of the Spanish company IASA (owner of the brands ASTORE and TERNUA) has acquired Lorpen, a company based in Navarra, Spain. Lorpen is dedicated to the design, manufacture and marketing of technical socks for ...
Tags: IASA, Lorpen, Sporting Goods
Academy Sports + Outdoors will open four stores in the Orlando, FL area in 2015. The four stores will be located in Kissimmee, Lake Mary, Waterford Lakes and Melbourne. In addition, Academy has formed a multi-year partnership with the Univ. ...
Skechers USA Inc. plans to expand its European Distribution Centre (EDC) in Belgium by an additional 25,000 square meters to make the facility the largest company-operated DC in the Walloon Region at a total size of 70,000 square meters. ...
Tags: Skechers, Distribution, Sporting Goods
Princeton Tec has named Brian McKinney as its outdoor division manager. McKinney is stepping in for longtime employee Justin Kline who will be shifting his focus to leading International sales for the brand. ADVERTISEMENT McKinney will ...
Tags: Princeton Tec, Leadership, Sporting Goods
Lululemon Athletica inc. Founder Dennis J. (Chip) Wilson has agreed to sell half his shares in the apparel maker equal to a 13.85 percent stake of the company to Advent International for approximately $845 million. The transaction has ...
Tags: Lululemon, Shares, Sporting Goods
Import volume at major U.S. container ports is expected to hit an all-time record in August as retailers concerned about the lack of a West Coast longshoremen’s contract rush to bring holiday season merchandise into the country, ...
Tags: Imports, Record, Sporting Goods
Performance Sports Group Ltd, (PSG) which recently acquired the Easton diamond sport business, reported revenues in the fiscal fourth quarter ended May 31 increased 30 percent to $112.9 million compared to $86.7 million in the same year-ago ...
Tags: Performance Sports, Revenues, Sporting Goods
ShangPin.com, China's first online multi-brand retailer of designer and contemporary fashion, has signed an agreement with Arcadia Group Ltd to be their first online partner in China. Both the TOPSHOP and Miss Selfridge brands will launch ...
Tags: Arcadia, Apparel, Accessories
St. Jude Medical and Volcano Corp. have apparently decided to stand down when it comes to lawsuits related to technologies including tunable lasers used in optical coherence tomography (OCT) imaging systems. The two companies have agreed ...
The project features an expanded recycling center at its Pindamonhangaba site, and the combined projects will add 100,000 metric tons of coating capacity and 190,000 metric tons of recycling capacity when fully operational, creating over ...